T. Garanti Bank Type B 100% Principal Protected Seventh Sub-Fund for investors who anticipate that the ISE-30 Index will decrease, while providing the best possible protection for your principal, also offers the opportunity to take advantage of the potential decline in the ISE-30 index, in proportion with your participation. Thus, at maturity, you obtain returns from the decline in the ISE-30 Index, and protect your principal even if the ISE-30 Index increase.

The orders placed until 12:00 on the last day of the IPO period can be canceled, however as demand collection is on a time-priority basis, in the case that the order is canceled and a new order is placed, it may fall back on the list.

Early exit from the funds is possible and no early exit fee is charged.

The share price of the fund is calculated twice a month, on the 1st and the 15th day of each month (or the next working day if the aforesaid days are holidays). Sell orders placed until 11:30 on the day that the price is announced (T) are executed on the next trading day (T+1) at the price announced, sell orders placed after 11:30 are executed on the next price announcement day.

At the end of the investment period, the funds in the investors' accounts will be automatically cashed in.

The participation ratio is the options amount per unit share and it is calculated by dividing the remaining amount to be used in buying options by the options price. This ratio indicates the investor's participation ratio in the potential earnings of the fund.

For example; if a TL 100 fund invests TL 90 in government bonds and purchases options with the remaining TL 10, given that options price is TL 20, the participation ratio would be 10/20 = 50%. By multiplying potential earnings by 50%, the amount to be earned in addition to the principal is found.

At maturity, the ISE-30 Index decreases by %41. In this case, the negative return of the ISE-30 Index will be multiplied by the participation ratio, and the amount will be added on top of the principal and given to the investor. The investor's return will be subject to a 10% stoppage tax.

Gross Value at Maturity = 100% + (41% x 50%) = 120%

Return After Tax = 20% x (90%) = 18%

Amount at Maturity

48,000

Return

41 %

Participation Ratio*

50 %

Tax

10 %

Example 2

USD/TL

Explanation

Starting Amount

67,500

At maturity, the USD/TL parity is equal to the starting value. As the rate of return is 0%, the right side of the equitation will be “0” and the investor will only get the principal. As there is no return, no stoppage tax will be applied.

Gross Value at Maturity = 100% + (0% x 50%) = 100%

Amount at Maturity

67,500

Return

0 %

Participation Ratio*

50 %

Tax

10 %

Example 3

USD/TL

Explanation

Starting Amount

67,500

At maturity, the USD/TL parity decreases. As the rate of return is a negative value, the right side of the equitation will be 0 and the investor will only get the principal. As there is no return, no stoppage tax will be applied.

Gross Value at Maturity = 100% + (0% x 50%) = 100%

Amount at Maturity

95,000

Return

- 29 %

Participation Ratio*

50 %

Tax

10 %

* The participation ratio is fixed for the maturity date and may change over the course of the fund based on the market variables. The actual participation ratio will be announced after the fund portfolio is established.

** All values on the calculation tables are indicative only and provided for informative purposes.